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GMAC Portfolio

We are excited to announce that Mr. Arun Bagadia and Kogta Financial India Limited have successfully acquired the remaining portfolio of auto loans from GMAC Financial Services India Limited.

This remarkable transaction encompasses a substantial retail auto loan asset value of Rs. 45 crore ($10 million), strategically spread across 14 states throughout the vast expanse of India.

Effective from March 31, 2010, we proudly assume complete responsibility for managing this esteemed portfolio, including loan servicing, collection, issuance of No Objection Certificates (NOCs), and all other associated obligations.

It is noteworthy to mention that GMAC Financial Services India Limited, a long-standing entity in the Indian market since 1997, based in the bustling city of Chennai, has previously divested a significant portion of its auto loan assets to Barclays Investments & Loans (India) Ltd. This recent transaction marks the final transfer of their remaining portfolio, which Mr. Arun Bagadia and Kogta Financial India Limited have successfully acquired, demonstrating our commitment and expertise in the industry.

At Best Capital, we are dedicated to providing exceptional service to our esteemed customers and all interested parties associated with the GMAC Portfolio. We invite you to connect with us at your convenience through our dedicated email address . Alternatively, you can leave your specific requirements, inquiries, or valuable feedback on the Contact Us section of our website.

We take pride in our ability to deliver comprehensive solutions and unparalleled support. Should you require any further information or assistance, please do not hesitate to reach out to us. Our team is readily available to address your needs and ensure a seamless experience throughout your engagement with the GMAC Portfolio.

Thank you for choosing Best Capital, where your financial goals are our top priority.